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There is quite a bit of talk about QT and that it going full steam from mid-September at -$60 billion/mo for Treasuries and -$35 billion/mo for MBS. This can go on for a while.
Also mentioned is that the Treasury market is large and liquid and can …
Price website shows Top 10 monthly. I suppose after admitting that he was frustrated and not happy with GE, he decided to sell - it is gone from Top 10 but he may be holding a small position. Here is the monthly status of GE (scroll to Holdings/Top …
This is an interim report on mutual fund to brokerage transitions (4 IRAs, 1 Trust).
The IRAs transferred easily and automatically for my wife and I. Both T-IRA and R-IRA transitioned together. All personal info transferred except one secondary pho…
The Fed blackout period doesn't preclude one of the open mouths at the Fed (typically, not a current FOMC voting member) talking to WSJ's Nick Timiraos. As NT wrote book/profiles on some Fed people, I can now see why this strange wink-wink relations…
I have a primer on HSA. I will update it once we have a firm confirmation of this.
https://ybbpersonalfinance.proboards.com/thread/258/hsa-health-savings-accounts
Form 8880 is used to claim Saver's Credit. On this form or instructions, I don't see any mention of HSA, but only T-IRA, R-IRA, ABLE, 401k/403b/TSP.
https://www.irs.gov/pub/irs-pdf/f8880.pdf
I have also searched the web and articles on HSA don't …
Energy markets are reacting differently to several news items today - proposed European caps on natural gas prices and futures trading (expected), Russian stoppage of natural gas flows into Nord Stream 1 pipeline, small OPEC production cut of 100K b…
BBY = Best Buy
BBBY = Bed Bath & Beyond
The class action lawsuit filer Pengcheng Si has a history of rushing to file lawsuits and then files more info by amendments/modifications. BBBY has noted that it would evaluate charges in the lawsuit tha…
RPIEX. 69% cash. Ta-gooch?????????
This was discussed in another thread. High derivative exposure explains high cash position. https://www.mutualfundobserver.com/discuss/discussion/comment/152561/#Comment_152561
Crude oil and refined distillates have very different supply and demand drivers. But both have very volatile prices - actually, crude oil more so than distillates. Crack-spread is that between 2 highly unstable prices.
Specifically, refiners have b…
Crack-spreads (~refining margins) were about $60/barrel (yes, per barrel) in late-June and now are only (!) $28/barrel. With Brent $94/barrel and WTI $88/barrel, those are still very high refining margins. Twitter Link
I don't track AAII Asset Allocation Survey as it is based on surveys and thus prone to large errors - I doubt that respondents really do thorough calculations required for portfolio allocation determination.
However, it shows stock allocation at 64…
Well, that "estimate" is just extrapolating the current CPI rate to 1/15/23. If you believe the Fed, inflation should be coming down, so the actual inflation-adjustment may be a bit less.
This TIPS was issued on 1/31/2013. It has accumulated annual inflation-adjustments since then. TIPS pay all inflation-adjustments at maturity only.
Contact: Office of Financing 202-504-3550
DESCRIPTION: A-2…
For stable-value funds in workplace 401k/403b,
TIAA Traditional (September rates; no change from August)
Restricted RC 5.75%, RA 5.50%
Flexible RCP 5.00%, SRA 4.75%, Newer IRA 2.80%
https://ybbpersonalfinance.proboards.com/thread/142/tiaa-tradition…
Fund Allocations (Cumulative), 7/31/22
There were notable moves into stock funds from other categories. The changes in the totals were based on a total OEFs & ETFs AUM of about $29.46 trillion in the previous month, so +/- 1% change was about +…
@BaluBalu, I tried LAST week but couldn't find anything on Abel's transaction on Edgar/SEC, but I am not an expert user.
I ran into this Barron's piece TODAY that says that the transaction was mentioned in BRK filing. As the article may require sub…
@Crash, ETFdb has been my go-to site for ETFs for years and I noticed a new look and layout only today, 8/29/22 (but not a few days ago when I checked it also) although formally, all this happened in May 2022. Then I got to the bottom of this and th…
When Neel Kashkari was at Treasury and was running TARP money, he very much cared about the stock market. But now, he has a different job, that of MN Fed President, and a possible FOMC Member (actually, he is an Alternate FOMC Member in 2022, a Memb…
We have done Medallion Signature Guarantees at local banks recently, for Treasury Direct and other purposes. You may need to have an account at the bank(s) - another reason why to keep some local bank account(s), and not go online 100%.
Young Giroux (only 31), a capital goods analyst (who had won an industry award for analysts) but without any prior fund management experience, and without much overlap with the previous managers of PRWCX, was given the responsibility for a major fun…
David Giroux of PRWCX is only 47! He started with the fund when he was just 31 and for years people said that he was young and inexperienced but he showed them all.
https://en.wikipedia.org/wiki/David_R._Giroux
There are many sites for stocks/funds analytics.
Poster django posted this from Mitre Media at Big Bang, https://mutualfunds.com/
I have used free Stockcharts for years. Subscription allows more complex analytics and storing tickers but I didn't…
He may be on vacation.
Barron's new Editor has been doing lots of columnists rotations and Eric Savitz (normally, the Tech columnist) tried his hands on Up and Down Wall Street this week. He noted that this was his 1st time ever.
Some columns have…
They still exist. But many posters have departed due to repeated format/platform changes and increasingly user-UNfriendly nature of the M* forums.
The M* TIAA forum is the only one going strong.
M* DM/PM/Message system has been off for almost a …
Barron's cover story this week is on global water crisis. The US has its own water crisis in Colorado River areas - Lake Mead and Lake Powell are below 30% capacity. Agriculture, semi chips and other production along the River path are affected.
htt…
Interesting news TODAY, https://www.barrons.com/articles/sec-beijing-audit-china-companies-51661519976?mod=bol-social-tw
".....U.S. and China signed a Statement of Protocol, the Securities and Exchange Commission said on Friday, a first step towar…
Iron-condor is a complex options strategy of pairing a call-spread with a put-spread in the hope that the price remains rangebound.
I think that oil has too much news and geopolitical (OPEC, Russia-Ukraine war, SPRs) dependence to make any meaning…
Many Chinese ADRs listed in the US for the expressed purpose of raising funds in the US. Those US listings were their only listings for most as they didn't qualify for listing in HK or China Mainland - this should have been a red flag to begin with.…
Daily Treasury rates update at Treasury site after 3:30pm Eastern. There are also live quotes during market hours for IRX, FSV, TNX, TYX at Stockcharts, Yahoo Finance, etc.
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/T…
Yep, only a CHANGE in exchange rate at maturity would affect the yield. So the CURRENT rate of 4.4% remains (in Canadian or US money) until the exchange rate changes.
TIAA T-REA/QREARX has been slowly changing its property mix. So, the offices are down to 29.6% of properties on 6/30/22 (from 36.6% on 6/30/21) and retail down to 12.3% (vs 16.9%). New purchases have been in apartments, medical offices, storage, ind…
Banking in Canada isn't as fragmented as in the US. The Top 100 global bank list has several Canadian banks. Chinese banks dominate. The US banks are there but don't dominate the list.
https://en.wikipedia.org/wiki/List_of_largest_banks
